THE INFLUENCE OF CLAIMS PAYMENTS ON THE INVESTMENT PORTFOLIO OF INSURANCE COMPANIES

Nemanja Pantić; Karmen Mikulić; Miljan Leković

doi:10.5937/Oditor2203042P

Authors

Nemanja Pantić Universuty of Kragujevac, Faculty of Hotel Management and Touism in Vrnjačka Banja, R. Serbia Author
Karmen Mikulić Faculty of Tourism and Hospitality Management, Opatija, University of Rijeka, R. Croatia Author
Miljan Leković Universuty of Kragujevac, Faculty of Hotel Management and Touism in Vrnjačka Banja, Vrnjačka Banja, R. Serbia Author

DOI:

https://doi.org/10.5937/Oditor2203042P

Keywords:

insurance market, life insurance, non-life insurance, stok, municipality bonds

Abstract

The need for insurance dates back from the distant past. A lot of time has passed from the primitive insurance forms to its institutionalization and legal implementation. The modern insurance market, regardless of its global character is not equally developed. The unevenness of development is one of its main characteristics, often connected with the achieved level of economic development. Numerous factors influences on the investment activities of insurance companies as the carriers of the insurance market. The subject of this paper will be the examination of the connection of payments of insured sums (damages) on the redistribution of the investment portfolio on the capital market. For this purpose will be formulated two hypotheses, separately for the non-life and life insurance market. Examination of the relationship between the considered variables will be conducted by using SPSS statistical software, ie the Chi-squared test. Regardless of proving the hypotheses will not be possible to draw unique conclusions for both markets.

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